Specialization

Specialization,

Definition of Specialization:

  1. This specialization is thus the basis of global trade, as few countries have enough production capacity to be completely self-sustaining.

  2. Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency. Many countries, for example, specialize in producing the goods and services that are native to their part of the world, and they trade them for other goods and services.

  3. An agreement within a community, group, or organization under which the members most suited (by virtue of their natural aptitude, location, skill, or other qualification) for a specific activity or task assume greater responsibility for its execution or performance.

  4. The process of concentrating on and becoming expert in a particular subject or skill.

Synonyms of Specialization

Alteration, Analysis, Anatomization, Area, Art, Atomization, Bag, Business, Calling, Career, Career building, Careerism, Change, Craft, Cup of tea, Demarcation, Desynonymization, Differencing, Differentiation, Discrimination, Disequalization, Disjunction, Distinction, Distinguishment, Diversification, Division, Field, Forte, Game, Handicraft, Individualization, Individuation, Itemization, Lifework, Line, Line of business, Line of work, Localization, Long suit, Main interest, Manner, Metier, Mission, Modification, Mystery, Number, Occupation, Particularization, Peculiarization, Personalization, Pet subject, Practice, Profession, Pursuit, Racket, Segregation, Separation, Severalization, Severance, Specialism, Speciality, Specialty, Strong point, Style, Technicality, Thing, Trade, Type, Variation, Vocation, Walk, Walk of life, Way, Weakness, Work

How to use Specialization in a sentence?

  1. Microeconomic specialization involves the individual actors and economic components, and macroeconomic specialization involves the broad advantage an economy holds in production.
  2. The man named George was spreading himself too thin and he was not directing all of his energies or engaging in specialization .
  3. The division and specialization of labor.
  4. Specialization can increase the productivity of and provide a comparative advantage for a firm or economy.
  5. Some tasks cant be done by just anyone, you will need to find someone with that specific specialization to get the job done.
  6. Specialization in business involves focusing on one product or a limited scope of products so as to become more efficient.
  7. If you have a problem with a piece of equipment and dont know what to do you will have to call someone with that specialization .

Meaning of Specialization & Specialization Definition

Specialization,

Specialization means,

  1. Specialization is a production method in which a company focuses on producing a limited number of products to enhance efficiency. For example, many countries specialize in the manufacture of goods and services produced in their own part of the world and exchange them for other goods and services.

    • A business customization focuses on a single product or a limited set of products to be more efficient.
    • Specialization can increase productivity and provide a comparative advantage to a company or economy.
    • Microeconomic specialization includes individual actors and components of the economy, and economic specialization has a great benefit in the production of the economy.

Meanings of Specialization

  1. The process of focusing on a particular subject or skill and becoming an expert.

Sentences of Specialization

  1. Division of work and specialization

Specialization,

Specialization:

  • Specialization is an induction method in which a company focuses on bringing limited products to a high level of performance. For example, many countries specialize in buying goods and services from your part of the world and exchanging other goods and services.

    • Business specialization involves focusing on one or more units to be more efficient.
    • Skills can increase efficiency and give a comparative advantage to a company or economy.
    • Microeconomic specialization includes individual actors and components of the economy, and macroeconomic specialization refers to the broad benefits of an active economy.

Sentences of Specialization

  1. Work and skill division.